Surgical Clips Market Report 2023-2028 | Industry Overview Size, Share, Growth, Trends Analysis

How Big is the Global Surgical Clips Market?

The global surgical clips market size reached US$ 431.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 627.0 Million by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.

What is Surgical Clip?

A surgical clip is a specialized medical device designed for various surgical procedures to clamp or occlude blood vessels and tissues. It is manufactured from biocompatible materials like titanium or stainless steel. It is available in multiple types, such as hemostatic, aneurysm, and ligating clips, each designed for specific surgical applications. It offers several benefits over traditional sutures and ligatures, including application speed and a lower risk of tissue strangulation. It is radiopaque, making it visible in postoperative imaging and aiding post-surgical evaluations. It is placed using specialized applicators that allow surgeons to use them precisely. It minimizes blood loss during surgery, improving patient safety and surgical outcomes. It facilitates quicker wound healing and reduces the chances of postoperative complications. It is useful in minimally invasive surgeries (MIS) where their precise application is crucial due to the smaller operational field. It is utilized across several surgical areas, including gastrointestinal surgery, vascular surgery, and neurosurgery.

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Global Surgical Clips Market Trends and Drivers:

At present, the increasing aging population that needs surgical procedures to cure various chronic conditions represents one of the vital factors impelling the growth of the market. Additionally, technological advancements like novel clip models featuring enhanced biocompatibility, reduced tissue irritation, and improved visibility under imaging equipment are bolstering the market growth. Besides this, the rising implementation of regulatory policies and stringent quality standards ensuring proper performance of medical equipment and the use of safe surgical clips are supporting the growth of the market. Moreover, the growing awareness among healthcare providers about the critical role of surgical clips in patient safety and surgical efficacy is offering a favorable market outlook. In addition, the increasing number of investments in research and development (R&D) activities for clip design innovation is propelling the growth of the market. Apart from this, the growing emergence of eco-friendly and reusable surgical clips as a sustainable alternative is positively influencing the market.

Global Surgical Clips Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are:

Ackermann Instruments GmbH
B. Braun Melsungen AG
Boston Scientific Corporation
Edwards Lifesciences Corporation
Grena Limited
Johnson & Johnson
LeMaitre Vascula Inc.
LocaMed Ltd.
Medtronic plc
Meril Life Sciences Pvt. Ltd. (Micro Life Sciences Private Limited)
Scanlan International Inc.
Teleflex Incorporated.

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The report segmented the market on the basis of type, material type, surgery type and end user.

Type Insights:

Ligating Clips
Aneurysm Clips
Others

Material Type Insights:

Titanium
Polymer
Others

Surgery Type Insights:

Automated Surgery Clips
Manual Surgery Clips

End User Insights:

Hospital and Clinic
Ambulatory Surgery Center

Regional Insights:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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